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LEHIGH VALLEY, Pa., Oct. 14, 2024 /PRNewswire/ -- Air Products (NYSE:APD) will release its fiscal 2024 fourth quarter financial results prior to market open on Thursday, November 7, 2024 and will review these results in a teleconference at 8:30 a.m. ET. The teleconference will be open to the public and the media in listen-only mode by telephone and Internet broadcast.
Live teleconference: 773-305-6853Passcode: 9129758Internet broadcast/slides: Available on the Event Details page on Air Products' Investor Relations website. Internet replay: Available on the Event Details page on Air Products' Investor Relations website.
Reiterates the Need for the Board to Engage in Proper Succession Planning and Insist on a More Rigorous Capital Allocation Policy
NEW YORK, Oct. 10, 2024 /PRNewswire/ -- The D. E. Shaw group, a global investment and technology development firm with more than $60 billion in investment capital and a history of working with companies to help build long-term value, today sent an open letter to the Board of Directors of Air Products and Chemicals, Inc. (NYSE: APD) (the "Company" or "APD") calling for changes aimed at addressing the longstanding underperformance in its shares and deficiencies in its governance and capital allocation policies. Funds advised by D. E. Shaw & Co., L.P. are shareholders of APD and currently hold a significant economic position in the Company.
LEHIGH VALLEY, Pa., Sept. 30, 2024 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has completed the sale of its liquefied natural gas (LNG) process technology and equipment business to Honeywell for $1.81 billion in cash. First announced in July 2024, closing conditions for the transaction have been fully met and regulatory approvals received.
TAIPEI, Taiwan , Aug. 28, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced Air Products San Fu Co. Ltd. has signed a 10-year Power Purchase Agreement (PPA) for solar electricity with Tatung Forever Energy, a subsidiary of Tatung Company, one of Taiwan's leading conglomerates. The strategic renewable energy agreement underscores Air Products' long-term commitment to address climate change and support the decarbonization and sustainable development of Taiwan's industrial gases sector.
LEHIGH VALLEY, Pa., Aug. 28, 2024 /PRNewswire/ -- Air Products today announced that Sidd Manjeshwar, vice president, Investor Relations, will speak at Jefferies Industrials Conference on Wednesday, September 4, 2024 at 8:05 a.m. US ET.
Access to the session is available via Air Products' Investor Relations Event Details website.
About Air ProductsAir Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally.
TAIPEI, Aug. 28, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced Air Products San Fu Co. Ltd. has signed a 10-year Power Purchase Agreement (PPA) for solar electricity with Tatung Forever Energy, a subsidiary of Tatung Company, one of Taiwan's leading conglomerates. The strategic renewable energy agreement underscores Air Products' long-term commitment to address climate change and support the decarbonization and sustainable development of Taiwan's industrial gases sector.
Talented Senior Leadership Focused on Executing Company's Two-Pillar Growth Strategy, Delivering the Company's Next-Level of Success, and Generating a Cleaner Future
LEHIGH VALLEY, Pa., July 22, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today announced the formation of a Management Board, effective immediately, bringing together talented senior leadership across the globe to execute the Company's two-pillar growth strategy. That strategy is to optimize and grow Air Products' core industrial gases business while advancing the energy transition through clean hydrogen.
LEHIGH VALLEY, Pa., July 18, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE: APD) today declared a quarterly dividend of $1.77 per share of common stock. The dividend is payable on November 12, 2024 to shareholders of record at the close of business on October 1, 2024.
About Air Products
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally.
New ASUs to Improve Productivity, Offer Sustainability Efficiencies and Operational Flexibility for Established and Growing Merchant Market
LEHIGH VALLEY, Pa., July 17, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced two projects to enhance the sustainability, productivity, and operational flexibility of its base industrial gas business, as well as continuing commitment to the merchant industrial gas market. Air Products will construct two new air separation units (ASU) at its existing Conyers, Georgia and Reidsville, North Carolina locations. Both new ASUs will replace older units, provide additional capacity at the locations, and are projected to be onstream in 2026.
LEHIGH VALLEY, Pa., July 16, 2024 /PRNewswire/ -- Air Products (NYSE:APD) today announced that Eric Guter will assume the role of Vice President, Investor Relations effective September 30, 2024 succeeding Sidd Manjeshwar who will be leaving the Company to pursue other opportunities.
The two will work closely together over the coming months to ensure a smooth and seamless transition of the Company's Investor Relations responsibilities. Guter will report to Melissa Schaeffer, Air Products' Chief Financial Officer.